A three pronged strategy has been adopted by several cryptocurrency exchanges so that they increase the chances of being recognised as legitimate mainstream financial institutions and thereby more closer to the mainstream markets. The strategies include presenting themselves to be… Read More ›
The United States should become global leaders in technology not through blocking others but through competition, said the US president Donald Trump. American firms must “step up their efforts, or get left behind”, Trump said. While not specifically mentioning the… Read More ›
The yet to be officially announced move is aimed at offsetting regulatory cost pressures. On Friday, as per a report from Bloomberg, French bank Societe General SA, plans on trimming thousands of jobs at its global banking and investor solutions… Read More ›
Chinese customs has stopped importing Australian coal with the Chinese foreign ministry stating this is a “completely normal” practice. While China has always portrayed itself as playing by the rules, its surprising that it did not provide a guidance or… Read More ›
Cambodia has been placed on the watchlist of the Financial Action Task Force (FATF) due to its susceptibility to money laundering and terrorism financing. On Friday, the Financial Action Task Force (FATF), a global money-laundering watchdog, placed Cambodia on its… Read More ›
With Timothy Fletcher’s cooperation, the U.S. Justice Department, the Federal Reserve and the SEC will follow through with any pending or potential enforcement action against other individuals who are or were affiliated with the Hong Kong unit of JPMorgan Chase… Read More ›
Domino’s reported weaker than expected earnings and revenues for the fiscal fourth quarter, disappointing investors, resulting in decreased confidence and a consequent drop of 6 per cent in the shares of the pizza delivery giant. “Our long-game approach, driven by… Read More ›
Luxury carmaker Aston Martin is continuing with the construction of a new plant for assembling vehicles in Wales and the company has already completed setting up of the paint shop and currently robots are being got ready to be deployed…. Read More ›
While reiterating that China is always open to the wider world, the Chinese government’s leading diplomat told a visiting U.S. delegation that China’s right to develop and become a prosperous country should be respected by the United States. Following the… Read More ›
There is likelihood of a slowdown in global trade extending into the first quarter of 2019, predicted the World Trade Organization while releasing its latest World Trade Outlook Indicator (WTOI) on Tuesday. The global body also warned that the situation… Read More ›
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